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Dynamite Blockchain (XCNQ:KAS) Liabilities-to-Assets : 0.63 (As of Oct. 2024)


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What is Dynamite Blockchain Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Dynamite Blockchain's Total Liabilities for the quarter that ended in Oct. 2024 was C$4.39 Mil. Dynamite Blockchain's Total Assets for the quarter that ended in Oct. 2024 was C$7.02 Mil. Therefore, Dynamite Blockchain's Liabilities-to-Assets Ratio for the quarter that ended in Oct. 2024 was 0.63.


Dynamite Blockchain Liabilities-to-Assets Historical Data

The historical data trend for Dynamite Blockchain's Liabilities-to-Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dynamite Blockchain Liabilities-to-Assets Chart

Dynamite Blockchain Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.55 1.81 0.13 0.41 0.58

Dynamite Blockchain Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.47 0.58 0.59 0.62 0.63

Competitive Comparison of Dynamite Blockchain's Liabilities-to-Assets

For the Software - Infrastructure subindustry, Dynamite Blockchain's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dynamite Blockchain's Liabilities-to-Assets Distribution in the Software Industry

For the Software industry and Technology sector, Dynamite Blockchain's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Dynamite Blockchain's Liabilities-to-Assets falls into.


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Dynamite Blockchain Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Dynamite Blockchain's Liabilities-to-Assets Ratio for the fiscal year that ended in Jan. 2024 is calculated as:

Liabilities-to-Assets (A: Jan. 2024 )=Total Liabilities/Total Assets
=4.145/7.162
=0.58

Dynamite Blockchain's Liabilities-to-Assets Ratio for the quarter that ended in Oct. 2024 is calculated as

Liabilities-to-Assets (Q: Oct. 2024 )=Total Liabilities/Total Assets
=4.389/7.024
=0.62

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dynamite Blockchain  (XCNQ:KAS) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Dynamite Blockchain Liabilities-to-Assets Related Terms

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Dynamite Blockchain Business Description

Traded in Other Exchanges
Address
1055 West Georgia St, Suite 2400, Vancouver, BC, CAN, V6E 3P3
Dynamite Blockchain Corp is focused on building a blockchain ecosystem focused on Kaspa. Kaspa is a cryptocurrency and blockchain network that distinguishes itself with its algorithm and focus on scalability. It aims to overcome some of the limitations faced by earlier cryptocurrencies like Bitcoin and Ethereum, particularly in terms of speed of scalability.
Executives
Daymak Inc. 10% Security Holder
Maryam Amin Shanjani Senior Officer

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